CLOs share much in common with CDOs, the complex securities that melted down during the 2008 financial crisis and were later popularized by movies like "The Big Short."
While hedge fund manager Nancy Davis sees deflation ahead, the conventional wisdom on future prices has remained much the same.
Index funds and exchange-traded funds (ETFs) both combine several securities into one investment. They both track an underlying asset, such as a stock market index.
"The meme stock phenomenon is here to stay," Matthew Tuttle told Insider. "It'll pause from time to time. The stocks will switch from time to time."
"These proceedings arise out of breaches of fiduciary duty in connection with its April 2019 investment," the SEC said.
If Wood had bought on Wednesday, before Palantir's earnings call, Ark would have saved a cool $14 million on the trade.
Unlike the US, Europe already has a bevy of exchange-traded crypto products, but the new fund is the first to receive regulators' highest approval.
Some analysts saw the hefty sale as part of Wood's strategy of gradually cashing in gains on winners.
One reason could be that pessimism about China's regulatory environment is already priced into the country's tech stocks
The new ETF follows a surge of interest in thematic funds, driven by ARK Invest CEO Cathie Wood, whose outsized returns have earned her a cult following.
ASIC's proposed standards included institutional adoption, transparent pricing mechanisms, and a "mature" spot market, echoing the SEC's concerns.
The fund sees the metaverse, defined broadly as the intersection of many virtual worlds with the physical one, as a "quasi-successor state of the internet."
The new ETF comes as the SEC is evaluating its role in regulating the growing universe of ESG investment products.
The SEC first delayed its decision on VanEck's bitcoin ETF in late April, but said Wednesday that it needed more time to address outstanding concerns.
Artificial-intelligence based ETF AIEQ avoided meme stocks despite being sensitive to momentum as its algorithm analysed millions of pieces of data.
"I love this setup," the star stock-picker said about the tech rout hammering several of her exchange-traded funds.
The VanEck Ethereum Trust would list shares on the Cboe BZX Exchange if the SEC approves the application.
The fund, sponsored by Amplify Investments, will target healthcare, technology, and sustainability stocks.
The communication services stocks have seen several weeks of near-record outflows as the 10-year Treasury yield rebounded, the bank said.
The ARKQ ETF snapped up 800,494 shares in Jaws Spitfire Acquisition Corp, according to data on ARK Invest's website.
The objective of the First Trust SkyBridge Bitcoin ETF is to trade bitcoin so that the digital coin makes up 100% of its net assets.
In the latest sign of Cathie Wood-mania, investors poured a near-record $464 million back into her innovation ETF as tech stocks were getting slammed.
Higher Treasury yields and the collapse of Greensill Capital contributed to investors pulling more than $15 billion from bond funds this week, says EPFR.
Grayscale could push its $35 billion Bitcoin Trust, the largest of its kind, into an ETF, but it currently doesn't have an active filing with the SEC.
Barstool Sports founder Dave Portnoy endorsed the fund on Tuesday, praising it as an effective tool for tracking online traders' favorite stocks.
"There is a new ETF launching that I'm a part of, that I'm putting my face behind, my reputation behind," Portnoy said in the video.
Mike Venuto, co-portfolio manager of the Amplify Transformational Data Sharing ETF, says bitcoin will rise to $US250,000 in the next three years. The ETF manager says though that the road ahead will be volatile. Bitcoin on Wednesday hit a record high above $US51,700. Sign up here for our daily newsletter, […]
Gold prices have been down as weaker demand and soft investor interest have weighed, says BofA, though the bank still sees gold recapturing $2,000 an ounce.
The manager of the $808 million Amplify Transformational Data Sharing ETF says the road ahead will be volatile, but the token is set to rise.
Canada’s financial regulator approved the first publicly traded bitcoin ETF in North America. The Purpose Bitcoin ETF will trade on the Toronto stock exchange. It raises hopes that the US SEC will follow in Canada’s footsteps. Sign up here for our daily newsletter, 10 Things Before the Opening Bell . […]
VanEck is betting on the long-term value of social media chatter about stocks, the Financial Times reports. The Buzz NextGen AI US Sentiment Leaders Index will serve as the underlying index. Space flight developer Virgin Galactic could benefit from the ETF’s launch. Visit the Business section of Insider for more […]
Virgin Galactic shares surged as much as 16% in premarket trading on Tuesday. The space-tourism group may be added to Ark Investment Management’s planned Space Exploration ETF. The fund manages a total of $US42 billion in ETF products, Bloomberg estimates. Visit Business Insider’s homepage for more stories. Virgin Galactic stock […]
An expense ratio is a fixed fee mutual funds and exchange-traded funds (ETFs) charge investors to cover operating costs. Actively managed mutual funds tend to charge higher expense ratios than passively managed ETFs. While relatively small – typically ranging from .25% to 1% – expense ratios can significantly affect a […]
The popular SPDR S&P 500 ETF Trust — or SPY, which tracks the benchmark index — could drop 7% by the end of this week in a contested election scenario, according to Susquehanna International Group’s Chris Murphy. The potential price drop is based on the implied move of an at-the-money […]
Cryptocurrency exchange-traded-funds are being actively considered by US regulators, the Financial Times reported chairman Jay Clayton saying at a conference. The US Securities and Exchange Commission is working with other financial agencies to establish whose jurisdiction various crypto-products would fall under, he said. “Our door is wide open — if […]
James McDonald, Hercules Investments founder and CEO, said President Trump’s positive COVID-19 test could “completely change the direction of the campaign,” and has added to his already cautious outlook on the stock market. The investor whose trading strategy led him to profit from the market’s volatility in March said he […]
Wall Street’s obsession with special-purpose acquisition vehicles can now be tracked through an exchange-traded fund. The Defiance Next Gen SPAC Derived ETF will begin trading on the New York Stock Exchange on Thursday, the issuer said in a press release. The ETF will trade under the ticker SPAK and track […]
Investors are fleeing technology stocks at a pace not seen since the dot-com bubble of 2000. They pulled $US3.5 billion out of the popular Invesco QQQ Trust Series 1 ETF — which tracks the Nasdaq 100 index — on September 18. That marked the biggest daily outflows since October 2000. […]
ETFs (exchange-traded funds) and mutual funds offer cost-efficient ways to diversify, but they differ in how they’re taxed, traded, and managed. ETFs are typically passively managed and trade like stocks, with lower fees and minimums than mutual funds. Mutual funds are professionally managed investment portfolios that trade once a day […]
Investors have piled into gold ETFs this year, flocking to the so-called safe-haven asset as the coronavirus pandemic rages on. Worldwide, holdings in gold ETFs gained to 3,365.6 tons Monday, Bloomberg reported. That surpassed the number of tons held by Germany. Only the US government, which holds more than 8,000 […]
Investors may soon be able to access the growing hype around SPAC offerings with the launch of a new exchange-traded fund. The Defiance NextGen SPAC IPO ETF plans to be the first such instrument tracking the newly popular offerings, according to a Friday SEC filing. More than $US22.5 billion has […]
On Tuesday, Bloomberg reported that President Trump’s administration is eyeing a $US1 trillion infrastructure proposal. Shares of construction materials companies surged Tuesday, with some posting gains upward of 10%. The iShares US Infrastructure ETF jumped as much as 15% in early trading Tuesday, before paring some gains. It traded up […]
BlackRock filed to create a new exchange-traded fund on Friday with exposure to increasingly popular stay-at-home stocks. The iShares Virtual Work and Life Multisector ETF will focus on firms that benefit from the growing use of remote work, entertainment, education, and wellness products, according to the Securities and Exchange Commission […]
The US Global Jets exchange-traded fund, ticker JETS, notched its 64th day of inflows Tuesday, bringing total assets to more than $US1 billion, according to Bloomberg data. That’s a surge of nearly 3,000% in just three months – in early March, the fund had only $US33 million. The boost has […]
A Friday release detailed which corporate-credit ETFs the Federal Reserve bought up from the program’s May 12 start to May 18. BlackRock’s iShares iBoxx US Dollar Investment Grade Corporate Bond ETF was the most purchased, with the central bank buying up 2,521,892 shares over the period. Total purchases reached $US1.3 […]
USO – an oil exchange-traded fund that’s wildly popular with traders – has been cut off from buying oil futures contracts after a surge in volatility saw oil prices turn negative last month. RBC Capital Markets has informed United States Commodity Funds, the operator of the USO ETF, that they […]
USO – an oil exchange-traded fund that’s wildly popular with traders – has been cut off from buying oil futures contracts after a surge in volatility saw oil prices turn negative last month. RBC Capital Markets has informed United States Commodity Funds, the operator of the USO ETF, that they […]
The Federal Reserve’s new corporate-credit facility took in $US305 million worth of exchange-traded funds on the first day of its operation, according to data released Thursday. The central bank’s ETF purchases helped push its balance sheet total to a record $US6.93 trillion in the week ended March 13. The purchases […]
The Federal Reserve will begin buying corporate-bond ETFs on May 12 as part of its widespread emergency relief plan, according to a Monday statement. The ETF purchases were first revealed on March 23. While the program’s unveiling immediately lifted risk assets and boosted investor sentiment, markets have been anticipating its […]
Warren Buffett revealed over the weekend that Berkshire Hathaway had liquidated its entire stake in the airline stocks, saying, “Our airlines position was a mistake.” Investors are betting against Warren Buffett, as evidenced by a 1,600% increase in fund flows into the US Global Jets exchange-traded fund. The move comes […]
Retail stocks are on track for their best month ever as consumers stockpile goods due to the coronavirus pandemic. The SPDR S&P Retail ETF, ticker XRT, is on track for a gain of 28% this month, which would best the previous monthly performance record of 22% set in April 2009. […]
Oil bounced 15% on Wednesday against a backdrop of slowing demand for inventory storage. Wednesday’s gains came after the American Petroleum Institute reportedly said that US oil inventories rose by just shy of 10 million barrels last week. That was significantly lower than the 12 million barrel increase expected by […]
When popular oil ETF USO plunged to single digits as oil prices turned negative earlier this week, retail investors piled into the ETF, trying to catch the bottom. Over the course of six weeks, data from Robintrack.net shows a 2,050% increase in Robinhood accounts that own the ETF. During that […]
The United States Oil Fund, ticker USO, will reduce its shares in an effort to boost its price in an 8-1 a reverse split, according to a Wednesday announcement from USCF, the manager of the fund. The move to reduce the number of shares of the exchange traded fund comes […]
United States Oil Fund shares slipped as much as 20% on Tuesday after a trading halt and continued pressure on the oil market. The ETF’s manager, USCF, said in a regulatory filing it issued the last of USO’s registered shares and required SEC approval to create 4 billion more. The […]
Investors are piling into bitcoin and gold as the Wuhan coronavirus infects markets. Bitcoin climbed 8% in a week to $US9,380, its highest level since November. The amount of gold in exchange-traded funds surged to a seven-year high of 2,561 tons, Bloomberg reported. The Wuhan coronavirus has infected more than […]
The S&P 500 is up 27% over the past year, but several environmental, social, and governance-focused (ESG) funds have trounced the key index over the same period. Interest in ESG investing soared through 2019, with traders piling billions of dollars into the vehicles each quarter, according to Morningstar data. The […]
Assets in exchange-traded funds are poised to hit $US50 trillion by 2030, according to a note from Bank of America released Wednesday. The ETF market is already seeing a growth rate of 25% that will bring the total market to $US5.3 trillion in assets at the end of 2020, Bank […]
Bitcoin would need to surge past $US150,000 per coin to make an exchange-traded fund for the coin feasible, Fundstrat Global Advisors co-founder Tom Lee said, according to Bloomberg. The estimate requires a 1,670% gain for the popular cryptocurrency. It traded at roughly $US8,488 as of 3 p.m. ET Friday. Large […]
Charles Schwab announced Tuesday that it will lower fees to zero for stock, exchange-traded fund, and options trades made on US and Canadian exchanges. The firm’s shares fell as much as 10% on the news. Competing brokerages TD Ameritrade and E*Trade saw even deeper losses, each plunging roughly 20% at […]
The first exchange-traded fund without fees will launch next year, predicts Todd Rosenbluth, the head of ETF and mutual fund research at advisory firm CFRA. Fidelity launched no-fee mutual funds this year, which drew in nearly $US1 billion in flows in their first month. Rosenbluth highlights a few firms that […]
The US Securities and Exhanges Commission rejected nine bitcoin ETF proposals late on Wednesday. The watchdog cited concerns about possible price manipulation and insufficient market oversight. There is as yet no fully regulated bitcoin ETF product. Bitcoin bulls believe that if one is approved, it will expand the market by […]
Exchange-traded funds have become wildly popular in the past decade, and account for a quarter of all trading activity on exchanges. We spoke to two experts, a 15-year veteran of the product and a hedge fund founder, about how ETFs can help investors balance their portfolios. You’ve probably heard the […]
Reality Shares, the company behind one of the first exchange-traded funds offering exposure to blockchain technology, is trying to get another ETF approved. The new fund aims to track the growth of blockchain technology in China. The company behind one of the first blockchain exchange-traded funds is looking to list […]
Global markets have sold off aggressively in the last three days. One concern during the sell-off is the fate of the rapidly expanding ETF sector. The value of exchange-traded funds globally has increased five-fold since the financial crisis. The sector, however, has never really been exposed to a prolonged downturn, […]
Two recently launched blockchain exchange-traded funds are off to a scorching start. But not every market-watcher is convinced that the funds are a solid investment. Two blockchain exchange-traded funds that began trading this month are off to a scorching-hot start, but some market watchers are raining on the parade. Earlier […]
ProShares and VanEck both withdrew requests to the Securities and Exchange Commission to launch bitcoin-linked exchange traded funds on Tuesday. Bitcoin ETFs have long been viewed as a natural next step in the maturation of the bitcoin market. Two financial services giants – ProShares and VanEck – are withdrawing requests […]
LONDON – For the financial markets and the global economy, 2017 has been a pretty good year. All the major fears about 2017 that dominated the latter stages of 2016 – a market crash in the event of a Trump presidency, a Brexit-triggered recession in the UK, and a collapse […]
ETFs have enjoyed healthy investment...
Warren Buffet's "economic moat" idea sparked...
Exchange traded funds have grown 500% in value...
A few months ago, I finally decided to start...
Investors have a new opportunity to bet...
Hedge funds are using exchange-traded funds to...
With the explosion of exchange traded funds...
It's a simple enough concept. A financial...
The ETF boom just keeps rolling.
Shark Tank...
One of Goldman Sachs' new exchange-traded...
From Laszlo Birinyi:
"Total assets surpassed...
Unabated.
And ETF's are making a strong showing.
He bought a bunch of puts on the SPDR S&P 500 ETF.
A result of political chaos.
Worrisome.
Exchange Traded Funds make up about 30% of daily trading.
The ETF revenge.
iShares added to its lineup of more than 200 exchange-traded products last week with the launch of its first fund targeting economies that are one run below emerging markets. The new iShares MSCI Frontier 100 Index Fund (FM) will hold approximately 100 of the largest frontier market stocks, delivering access […]
Closely-followed billionaire hedge fund manager John Paulson released his 13F regulatory filing yesterday afternoon revealing that his hedge fund increased its stake in gold in the second quarter.
[credit provider=”mccready on www.flickr.com” url=”http://www.flickr.com/photos/mccready/2428330864/”] Dr. Doom has diagnosed the global economy once again, except this time the symptoms are pointing to something far worse than many pessimists could have expected. Nouriel Roubini, perhaps best known for predicting the 2008 financial meltdown, recently outlined his forecast for 2013, which looks […]
[credit provider=”Spencer Platt/Getty Images”] The latest trading mistake from Knight Capital brings to mind the last time the company caused total anarchy on Wall Street.You might remember that last year, on March 31st, 15 new FocusShares ETFs went haywire due to a “process error” on Knight Capital’s part. The NYSE […]
[credit provider=”AP”] While most investors focus on the seemingly never-ending debt drama in the eurozone or the sluggish U.S. economic recovery, few are paying attention to Mexico, which has actually turned out to be a bright spot in an otherwise gloomy economic environment.Brazil has long been the talk of the town […]
Despite the bad month of May for the markets, ETFs saw a huge inflow of new capita, according to Lazlo Birinyi’s Ticker Sense.
Wanna know how long Apple’s gonna keep moving up?
On February 29, 2012, gold futures prices had a big one-day selloff, dropping by more than $100/oz at one point intraday. Normally a big drop in gold prices will send gold ETF investors heading for the sidelines, but there was nary a reaction to that big drop.
This post originally appeared on Thursday, March 2, 2012
Bond fund giant PIMCO launched its highly anticipated Total Return ETF (TRXT) on Thursday, bringing to market an exchange-traded version of the mutual fund that has accumulated about $250 billion in assets since its debut in the 1980s. The new ETF is the most eagerly anticipated product launch of the […]
Business Insider was at Bloomberg Link’s Portfolio Manager Mash-Up Conference today and our ears perked up when panelists mentioned something that they would probably need analysts to be able to to do in the future.
[credit provider=”AP Images”] We just got back from spending some time at Bloomberg Portfolio Manager Mash-Up Conference this afternoon. On a panel focused on alternative assets, Frank Holmes, CIO at U.S. Global Investors, made a great point about ETFs.
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